This year’s survey provides a unique reality check and horizon scanning of persistent and emerging concerns involved in whole energy systems transition. Each Issue Map provides a visual snapshot of the uncertainties and action priorities that energy policymakers, CEOs and leading experts strive to address to shape and manage successful energy transition.
The World Energy Issues Monitor observes 4 key strategic priorities for energy leaders to consider in 2019:
Market design rules will need to be updated to incorporate the growing move towards decentralization
Electrification is being used as means to decarbonize the energy sector
Global strategic competition and the rise of nationalism will impact the pace of the energy transition
Lithium and cobalt will play a growing role in commodity market risks, traditionally dominated by oil and gas price fluctuations
Dr Christoph Frei, Secretary General, World Energy Council, commented: “For ten consecutive years, the World Energy Issues Monitor has been gathering the perspectives of energy leaders from public and private sectors across the six regions on 42 key issues that shape and drive the global energy system. It has become the energy leaders’ foremost platform to identify, share and track critical issues surrounding the energy transition.”
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Notes to Editors:
About the World Energy Issues Monitor
The World Energy Issues Monitor is the World Energy Council’s annual survey of key challenges and opportunities faced by energy leaders around the world in managing and shaping energy transitions. The monitor helps to define the world energy agenda and its evolution over time. It provides a high-level perception of what constitute issues of critical uncertainty, in contrast to those that require immediate action or act as developing signals for the future. It is an essential tool for understanding the complex and uncertain environment in which energy leaders must operate, and a tool which challenges one’s own assumptions on the key drivers within the energy landscape.
About the interactive tool
The World Issues Monitor Tool presents in one place dynamic map views of the decade of Issues Monitor data that has been collated by the World Energy Council. The maps convey a narrative of the key energy issues, regional and local variances and how these have changed over time. The tool allows the preparation of different maps for comparison and allows for the manipulation of data by geography, over time, or by highlighting specific energy issues.
About the World Energy Council
The World Energy Council is the leading impartial global network of energy leaders, committed to the sustainable use and supply of energy for the benefit of all. Formed in 1923, the Council is the UN-accredited global energy body, representing the entire energy spectrum, with over 3000 member organisations in nearly 100 countries.
The World Energy Council works across the entire energy system, including all forms of energy, power and utilities, transmission, government, resources, finance, technology, transport, Insurance and consultancy. As the only truly international and impartial energy organisation, leaders and experts work together to share best practice and experience to promote a robust energy transition. Our network comprises thought and impact leadership from energy ministers, policy-makers, C-suite leaders, innovators and start-ups, practitioners, strategists, international institutions, academia. drawn from governments, private and state corporations, academia, NGOs and energy stakeholders. Find out more www.im.worldenergy.org and follow @WECouncil